IndiGo’s Gangwal Sells $1.3 Billion Stake Near Record High
WEBAug 29, 2024 · The billionaire co-founder of IndiGo, Rakesh Gangwal, sold nearly $1.3 billion worth of shares in the airline’s operator InterGlobe Aviation Ltd. a day after they closed at a record high.
IndiGo co-founder's family likely to sell stake worth up to $909.6 ...
WEBJun 12, 2023 · The family of IndiGo's co-founder Rakesh Gangwal was likely to sell between 5% and 8% stake in the Indian airline's parent InterGlobe Aviation Ltd , worth up to 75 billion rupees ($909.58...
IndiGo founder Rakesh Gangwal's $795 million block sale: Effect …
WEBRakesh Gangwal, co-founder of IndiGo, India’s biggest airline, is seeking to raise up to $795 million from selling his stock.
IndiGo Co-Founder Gangwal Raises $820 Million in Block Sale
WEBMar 11, 2024 · A co-founder of India’s biggest airline IndiGo raised about $820 million from selling part of his holding, in the largest block equity sale in the country since 2019. Rakesh Gangwal sold 22.5 million shares of InterGlobe Aviation Ltd., the owner of Indigo, at 3,015.10 rupees per share, according to the terms of the deal seen by Bloomberg News.
Gangwal’s to sell IndiGo’s stake for $450 million in a block deal
WEBAug 15, 2023 · Rakesh Gangwal and family, co-founder of IndiGo Airlines, is looking at selling shares worth $450 million (Rs 3,730 crore) through block deal on Wednesday, industry sources indicated.
India's IndiGo's co-founder Gangwal sells stake worth $820 mln
WEBMar 11, 2024 · Rakesh Gangwal, co-founder of Indian airline IndiGo, sold a 5.8% stake worth $820.3 million in operator Interglobe Aviation via bulk deals on Monday.
IndiGo co-promoter Rakesh Gangwal resigns from airline’s …
WEBFeb 18, 2022 · IndiGo co-promoter Rakesh Gangwal on Friday resigned with immediate effect from the board of directors of the parent firm, InterGlobe Aviation, where he served as a non-executive, non-independent director.
IndiGo Airlines Co-Founder Gangwal Resigns From Board, Plans …
WEBFeb 18, 2022 · Rakesh Gangwal, the billionaire co-founder of IndiGo, stepped down from the company’s board and announced plans to pare his stake, ending a years-long bitter shareholder dispute atop Asia’s ...
India's IndiGo co-founder Gangwal to sell airline's shares worth …
WEBMar 7, 2024 · Rakesh Gangwal, co-founder of Indian carrier IndiGo, will sell a stake of up to 3.3%, worth 37.3 billion rupees ($451 million), in operator Interglobe Aviation through a block deal, news channel...
IndiGo’s Rakesh Gangwal invests big in Southwest Airlines: Buys …
WEB2 hours ago · Rakesh Gangwal, co-founder of IndiGo Airlines and board member of Southwest Airlines, has made a significant move by purchasing 3.6 million shares in Southwest Airlines. This investment, valued at over $100 million, strengthens his position in the company and highlights his belief in its future.
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